Political Election Campaign Finance Contribution Limits in the 2008 Presidential Election

As the 2008 Presidential Election becomes evencommittee.
more important with the current financialAn aggregate total of $108,200 per two year
meltdown, individuals and candidates from citieselection cycle with a maximum of $47,200 per
such as Rancho Santa Fe, California, Del Mar, CA,two year cycle to candidates and $65,500 to all
Carlsbad and La Jolla in San Diego to cities such asnational party committees and PACs, of which no
San Clemente, Laguna Beach, Corona del Mar,more than $40,000 can be given to PACs
Newport Beach, Anaheim, and Irvine in OrangeForeign nationals may not contribute to any
County, from San Luis Obispo to Santa Barbaracandidate, nor may any federal contractors.
to Ventura and Oxnard, to Rancho Cucamonga,Corporations and labor unions may only establish
Ontario, Murrieta and Temecula to Indian Wells,PACs.
Palm Springs, La Quinta, Palm Desert andCash of only $100 may be contributed. In kind
elsewhere in the Coachella Valley are havingcontributions count against contribution limits.
questions about campaign election finance lawsMulticandidate PACs can give $5,000 to an
and are looking for answers from election lawyersindividual candidate, $15,000 to a national party
and campaign finance attorneys as to whatcommittee.
amounts are permissible to contribute.Non-multicandidate PACs can give $2,300 to an
The individual campaign contribution limits for allindividual candidate, $28,500 to a national party
federal offices for 2007-2008 are:committee.
$2,3000 per election for a candidate for a federalA multicandidate PAC is a political committee with
officemore than 50 contributors which has been
This $2,300 can be contributed each individual in aregistered for at least 6 months and, with the
married couple as well.exception of state party committees, has made
$28,500 per calendar year to a national partycontributions to 5 or more candidates for federal
committee.office.
This applies separately to a party's nationalAny individual intending to campaign for any
committee, House and Senate campaignelected office needs to know election finance
committee.rules and should consult with a political campaign
$10,000 per calendar year to state, district andfinance attorney at an early stage in their
local party committees.campaign decisions.
$5,000 per calendar year to any other political